Commodity ratio · live
Bitumen to Lumber Futures Ratio
The bitumen to lumber futures ratio is 7.923 — Bitumen at $4,544.00 per Metric Ton divided by Lumber Futures at $573.54 per Thousand Board Feet.
Prices as of Aug 24, 2026, 12:13 PM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Bitumen to Lumber Futures ratio
1.000 T of bitumen = 7.923 Mbf of lumber futures
Inverse (LB-FUT/BIT): 0.1262 — one Thousand Board Feet of lumber futures buys that much bitumen.
Near the top of its 1 year range — historically stretched. (100th percentile of the last 1 year)
Bitumen
¥4,544.00
per Metric Ton
Lumber Futures
$573.54
per Thousand Board Feet
Unit basis: CNY per Metric Ton ÷ USD per Thousand Board Feet. The ratio reads as Thousand Board Feets of lumber futures per Metric Ton of bitumen. Prices as of Mon, 24 Aug 2026 12:13:25 GMT.
These two commodities are quoted in different currencies (CNY and USD). The figure above is a raw quote ratio and is not FX-adjusted.
1Y average
6.346
median 6.241
1Y low
4.976
Oct 20, 2025
1Y high
8.087
Apr 29, 2026
Normal band
5.547–7.144
mean ± 1 std dev
Deviation from mean
+1.97σ
312 observations
Bitumen to Lumber Futures ratio charts
Pick a range once — it applies to the BIT/LB-FUT ratio line, the OHLC candles and the Bitumen / Lumber Futures price chart below.
BIT/LB-FUT ratio line
How many Mbf of Lumber Futures one T of Bitumen buys, over 1Y.
BIT/LB-FUT ratio candles
Open, high, low and close of the BIT/LB-FUT ratio for each period in the last 1Y.
Bitumen and Lumber Futures prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the bitumen to lumber futures ratio
Bitumen to Lumber Futures ratio = Bitumen price per Metric Ton ÷ Lumber Futures price per Thousand Board Feet
The two legs use different units, so the result is a rate — Thousand Board Feets of lumber futures per Metric Ton of bitumen — rather than a plain count.
Worked example, live prices: $4,544.00 ÷ $573.54 = 7.923. The inverse is 0.1262.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4655.18 |
| 2 | XAG | Silver | 69.27 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.99 |
| 5 | NG-FUT | Natural Gas Futures | 2.81 |
| 6 | PL | Platinum | 1887.51 |
| 7 | PA | Palladium | 1353.70 |
Frequently asked questions
What is the bitumen to lumber futures ratio today?
The bitumen to lumber futures ratio is 7.923 — Bitumen at $4,544.00 per Metric Ton divided by Lumber Futures at $573.54 per Thousand Board Feet, from live mid-market prices.
How do you calculate the bitumen to lumber futures ratio?
Divide the bitumen price per Metric Ton by the lumber futures price per Thousand Board Feet. If the two units differ, the result is a rate rather than a plain count — read it as Thousand Board Feets of lumber futures per Metric Ton of bitumen.
What is the inverse of the bitumen to lumber futures ratio?
The inverse, lumber futures to bitumen, is 0.1262 — how many Metric Tons of bitumen one Thousand Board Feet of lumber futures buys.